Robert W. Baird sets USD 300.00 target for Modine Manufacturing stock

Published on 10/17/2026 at 21:26 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Modine reports Q2 earnings on October 27, 2026. Modine Manufacturing stock closed at USD 148.86 on October 16, 2026, down 3.34 percent versus the prior NYSE close.

Analyst view and trading position

Robert W. Baird set a USD 300.00 target on October 6, 2026.
Fiscal first-quarter revenue reached USD 874.10 million, up 28.00 percent year over year.
Modine Manufacturing stock closed at USD 148.86 on October 16, 2026, down 3.34 percent versus the prior NYSE close.
Modine Manufacturing is estimated to report second-quarter fiscal 2027 results on October 27, 2026.

MOD, US6078281002, Illustration mit AI erstellt.

Robert W. Baird began coverage of Modine Manufacturing on October 6, 2026, with an Outperform rating and a USD 300.00 price target. That target stood 101.53 percent above Modine's USD 148.86 NYSE closing price on October 16, 2026, based on the latest quoted level. MarketBeat reported the analyst action and target.

Modine Manufacturing stock closed at USD 148.86 on October 16, 2026, down 3.34 percent from the prior NYSE close. The session range was USD 147.13 to USD 154.63, while volume reached 1,590,312 shares against an average of 1,431,818 shares.

Revenue reached USD 874.10 million

For the first quarter of fiscal 2027, Modine reported revenue of USD 874.10 million, an increase of 28.00 percent from USD 682.80 million a year earlier. Net earnings attributable to Modine rose to USD 73.90 million from USD 51.20 million, while diluted earnings per share increased to USD 1.37 from USD 0.95. Trivano carried the July 29, 2026 release and its figures.

Stock sits below its yearly high

The stock was 53.96 percent below its 52-week high of USD 323.25 and 33.97 percent above its 52-week low of USD 111.18 on October 16, 2026. Its year-to-date performance was 11.50 percent, according to the quoted market figures.

Modine's market capitalization was USD 7.9 billion, and its trailing price-to-earnings ratio was 55.96 on October 16, 2026. The company is estimated to report second-quarter fiscal 2027 results on October 27, 2026, after the market closes, with a conference call scheduled for October 28, 2026. MarketBeat listed the reporting date as an estimate.

Comparison with peers

MOD (NYSE, USD): minus 3.34 percent, P/E 55.96, market capitalization USD 7.9 billion

Trane Technologies (NYSE, USD): plus 0.33 percent, P/E 34.76, market capitalization USD 101.0 billion

Carrier Global (NYSE, USD): plus 0.07 percent, P/E 38.19, market capitalization USD 45.3 billion

Trading position and next date

Modine Manufacturing designs thermal management systems for automotive, commercial, industrial and data-center customers. The first-quarter figures showed faster revenue growth than the prior-year period, while the stock's October 16 decline left it well below its 52-week high. The next scheduled company event is the estimated October 27, 2026 earnings release.

The stock closed at USD 148.86 on the NYSE on October 16, 2026, down 3.34 percent versus the prior NYSE close.